Here is a brief overview of the week’s news on Oil Review Africa, from 1st - 5th January 2018
NNPC distributes more than 1.3bn litres of petroleum products
The Nigerian National Petroleum Corporation (NNPC) has sold and distributed about 1.352.86bn litres of white products across the country in October 2017, through its downstream subsidiary, the Petroleum Products Marketing Company (PPMC). Click here to read the full story.
Operation resumes at the gas plant in Abu Attifel field
The gas plant at Abu-Attifel Field in Libya has resumed production on 27 December 2017, after the completion of the maintenance, said NOC National Oil. Click here to read the full story.
Tanzania's Swala Oil to buy stake in Orca's PAE in US$130mn
Tanzania’s Swala Oil and Gas has announced to buy up to 40 per cent stake in Orca Exploration Group’s PAE PanAfrican Energy Corporation (PAEM) for US$130mn. Click here to read the full story.
Saipem and Eni sign contract for Angola’s West Hub
Saipem has signed a contract with Eni Angola for the Italian firm’s West Hub Development project in Angola. Click here to read the full story.
Egypt to launch international bids for oil exploration in 2018
Egypt will start international bids for oil and gas explorations in various areas on the Red Sea after finishing seismic survey before the end of Q1 2018, said Tarek al-Mulla, minister of petroleum and mineral resources in Egypt. Click here to read the full story.
BWSC to supply gas-fired power plant in Benin
The Danish power plant specialist Burmeister & Wain Scandinavian Contractor (BWSC), in consortium with MAN Diesel and Turbo (MDT), has been awarded US$150.26mn contract to build a 120MW gas-fired power plant in Benin. Click here to read the full story.
NETZSCH introduces NOTOS multiple screw pumps
NETZSCH Pumpen & Systeme GmbH has launched its NOTOS line of multiple screw pumps for pumping applications in the oil and gas, marine, power and general industrial markets. Click here to read the full story.
Explorers primed for 2018, although caution likely to be paramount: Wood Mackenzie
Wood Mackenzie has indicated hard competition for prime exploration targets as sector emerges from downturn in 2018. Click here to read the full story.